RSI BB

The idea of putting Bollinger Bands at 1 & 2 standard deviations is to get help with finding buyable/sellable pullbacks & corrections. This of course can be a major help with getting the Wave Count right.

On cell phone this is quite easy. Set BBs on the “First Indicator”.

if (RSI[i]<main[i] && RSI[i-1]>RSI[i] && RSI[i+2]>upper[i]){
             ObjectCreate(0,"TLine"+IntegerToString(i),OBJ_TREND,indicator_window,Time[i+2],RSI[i+2],Time[i],RSI[i]);
                   ObjectSetInteger(0,"TLine"+IntegerToString(i),OBJPROP_RAY_RIGHT,false);
                   ObjectSet("TLine"+IntegerToString(i),OBJPROP_COLOR,clrWhite);
                   ObjectSet("TLine"+IntegerToString(i),OBJPROP_WIDTH,9); 
                   ObjectSet("TLine"+IntegerToString(i),OBJPROP_BACK,1); 
                   
                    ObjectCreate("TLiney"+DoubleToStr(i), OBJ_TEXT, indicator_window, Time[i], RSI[i]-30*Point);  
                    ObjectSetText("TLiney"+DoubleToStr(i), "MUST GO LONG", 13, "Impact", Purple); 
                   
      }
       if (RSI[i]<lower2[i] && RSI[i-1]>RSI[i] && RSI[i+3]>lower[i]){
             ObjectCreate(0,"TLine"+IntegerToString(i),OBJ_TREND,indicator_window,Time[i+3],RSI[i+3],Time[i],RSI[i]);
                   ObjectSetInteger(0,"TLine"+IntegerToString(i),OBJPROP_RAY_RIGHT,false);
                   ObjectSet("TLine"+IntegerToString(i),OBJPROP_COLOR,clrWhite);
                   ObjectSet("TLine"+IntegerToString(i),OBJPROP_WIDTH,9); 
                   ObjectSet("TLine"+IntegerToString(i),OBJPROP_BACK,1); 
                   
                   ObjectCreate("TLiney"+DoubleToStr(i), OBJ_TEXT, indicator_window, Time[i], RSI[i]-30*Point);  
                    ObjectSetText("TLiney"+DoubleToStr(i), "MUST GO LONG", 13, "Impact", Green); 
      }
      
     
           if (RSI[i]>main[i] && RSI[i-1]<RSI[i] && RSI[i+2]<lower[i]){
             ObjectCreate(0,"TLine"+IntegerToString(i),OBJ_TREND,indicator_window,Time[i+2],RSI[i+2],Time[i],RSI[i]);
                   ObjectSetInteger(0,"TLine"+IntegerToString(i),OBJPROP_RAY_RIGHT,false);
                   ObjectSet("TLine"+IntegerToString(i),OBJPROP_COLOR,clrWhite);
                   ObjectSet("TLine"+IntegerToString(i),OBJPROP_WIDTH,9); 
                   ObjectSet("TLine"+IntegerToString(i),OBJPROP_BACK,1); 
                   
                    ObjectCreate("TLiney"+DoubleToStr(i), OBJ_TEXT, indicator_window, Time[i], RSI[i]+9);  
                    ObjectSetText("TLiney"+DoubleToStr(i), "MUST GO SHORT", 13, "Impact", Purple); 
     }
     
     
      if (RSI[i]>upper2[i] && RSI[i-1]<RSI[i] && RSI[i+3]<upper[i]){
             ObjectCreate(0,"TLine"+IntegerToString(i),OBJ_TREND,indicator_window,Time[i+3],RSI[i+3],Time[i],RSI[i]);
                   ObjectSetInteger(0,"TLine"+IntegerToString(i),OBJPROP_RAY_RIGHT,false);
                   ObjectSet("TLine"+IntegerToString(i),OBJPROP_COLOR,clrWhite);
                   ObjectSet("TLine"+IntegerToString(i),OBJPROP_WIDTH,9); 
                   ObjectSet("TLine"+IntegerToString(i),OBJPROP_BACK,1); 
                   
                   ObjectCreate("TLiney"+DoubleToStr(i), OBJ_TEXT, indicator_window, Time[i], RSI[i]+9);  
                    ObjectSetText("TLiney"+DoubleToStr(i), "MUST GO SHORT", 13, "Impact", Crimson); 
      }

Show must go Short…

Check again in the Trading Masterclass #3 What Did I Say were the 3 sequential targets coming out of a capitulation, and see where price landed today.

Murena Williams is wide awake behind the net.

Channel top hit + too steep incline = possible reversal